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Yellen defends Biden, rejects 25th Amendment discussion

Treasury Secretary Janet Yellen has called President Biden “highly competent” amid growing calls for him to step down following his poor performance in the first presidential debate with former President Trump. Rep. Mike Lawler of New York, during a House committee hearing, asked Yellen whether she “noticed any mental or cognitive decline” during her meetings […]

Yellen says Trump’s taxes-tariffs plan would ‘harm American businesses’

Treasury Secretary Janet Yellen strongly disagreed with Republican presidential candidate Donald Trump’s idea to reduce federal income taxes and replace them with increased tariffs to compensate for the lost revenue. The former president outlined his plan to Republican lawmakers during his visit last week, and many people saw it as a sound campaign strategy as […]

Janet Yellen rebukes Putin’s equating of seizing Russian assets with theft

Treasury Secretary Janet Yellen rejected Russian President Vladimir Putin‘s characterization that seizing frozen Russian assets was equivalent to theft. In an appearance on ABC’s This Week, Yellen outlined the Biden administration‘s position on the issue and argued that using Russian assets to send further aid to Ukraine was appropriate. “There is no sense at all in […]

Treasury Secretary Janet Yellen says there are important opportunities for AI in finance, but there are ‘significant risks’ too

Treasury Secretary Janet Yellen said the use of artificial intelligence was “significant [financial] Despite appearing to benefit financial institutions, Fox News Digital. Fox News has obtained excerpts from a speech Yellen is scheduled to deliver on Thursday at an AI conference hosted by the Financial Stability Oversight Council and the Brookings Institution, where she will […]

Treasury Secy Yellen Warns Of China’s Industrial Strategy To Flood Excess Goods

U.S. Treasury Secretary Janet Yellen presides over and speaks at a meeting of the Treasury Department’s Financial Stability Oversight Council in Washington, DC, May 10, 2024. (Photo by Kent Nishimura/Getty Images) OAN’s Stephanie Meyers5:20pm – Tuesday, May 21, 2024 Treasury Secretary Janet Yellen stressed the need for the United States and Europe to respond to […]

Yellen says US opposed to global tax on billionaires

Treasury Secretary Janet Yellen said the United States does not support a global wealth tax on billionaires, opposing proposals put forward by Brazil, France and other countries. Brazil, which holds the rotating presidency of the Group of 20 (G20) this year, wants the organization to adopt a unified approach to taxing the ultra-wealthy. The world’s […]